Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 64.50 rubles for the US Dollar. The pair continues to move within the descending channel. Moving averages indicate an uptrend. In the current trading week of May 27 — 31, 2019, a decline is expected and a test of the support area near 64.05. Where can we expect a rebound and continued growth of the dollar above the level of 68.45. USD/RUB Forecast and Analysis May 27 — 31, 2019 In favor of the growth of the dollar ruble pair will be a test…
Author: forex24pro
forex24pro
I trade in the foreign exchange market, and also invest in cryptocurrencies. I am 35 years old. Trade experience is 12 years. In trade, I use several unique trading systems, as well as simple tools for technical analysis. I plan to write my own book on trading.
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the 0.6908 area. The pair continues to move as part of the decline and was able to consolidate under the lower boundary of the «Triangle» model. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to develop an upward correction and test the resistance area near the level of 0.6965. Then the continuation of the fall of AUD/USD with a potential target below the level of 0.6505. AUD/USD Forecast and Analysis May 27 — 31, 2019 In favor of the fall of…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3449. The pair continues to move within the growth and bullish channel. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.3345. Then, the growth of quotations with the goal above the level of 1.3885. USD/CAD Forecast and Analysis May 27 — 31, 2019 A test of the rising support line on the relative strength index (RSI) will be in favor of the USD/CAD rise. The second signal…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 109.67. The pair continues to move within the decline and the downward channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to grow and test the resistance level near the 110.55 area. Then rebound and the continuation of the fall of the pair in the area below 105.85. USD/JPY Forecast and Analysis May 27 — 31, 2019 In favor of the fall of the pair Dollar/Yen will test a downward trend line on the indicator of…
GOLD completes the trading week near the area of 1281. XAU/USD quotes continue to move as part of the correction and the formation of the «Wedge» model. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to continue the correction and test the support level near the 1255 area. Further, the GOLD price will continue to rise with a potential target above the level of 1360. GOLD Price Forecast and Analysis May 27 — 31, 2019 In favor of the rise of quotations and prices for GOLD in the current trading week from May 27…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.65422 area. Moving averages indicate a bearish trend in the pair. At the moment, we should expect an attempt to correct and test the resistance area near the level of 0.6680. Then, the currency pair will continue to fall with a potential target below the level of 0.6205. NZD/USD Forecast and Analysis May 27 — 31, 2019 In favor of the fall of the NZD/USD currency pair, a test of the downward trend line on the relative strength index (RSI) will come out. The…
Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 1.0028. The pair continues to move within the framework of the correction and the formation of the «Wedge» model. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to continue the correction and test the support area near the level of 0.9980. Further, the rebound and continued growth of the pair with the goal above the level of 1.0385. USD/CHF Forecast and Analysis May 27 — 31, 2019 In favor of the growth of a pair of dollar franc will test the rising…
Bitcoin BTC/USD ends the trading week at 7999 and continues to move as part of the correction. Quotes will continue to test the resistance of 8000. Moving averages indicate a bullish trend. An important area of support is located near the 6500 level. At the moment, we should expect an attempt to correct and test the area of support near the 6700 level. Where can we again expect a rebound and an attempt to continue the growth of the Bitcoin rate with a potential target above the level of 9750. Bitcoin Forecast and Analysis May 27 — 31, 2019 In…
Ethereum ETH/USD ends the trading week at the level of 249 and continues to move as part of the growth and upward channel. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to decrease and test the level of support near area 210. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 365. Ethereum Forecast and Analysis May 27 — 31, 2019 A test of the support line on the relative strength index (RSI) will be in favor of raising the ETH/USD…
Ripple XRP/USD close the trading week at 0.3835 and continue to move as part of a bearish correction. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to fall and a test of the support level near the area of 0.3455. Where once again we can expect a rebound and continued growth of cryptocurrency in the region above the level of 0.5750. Ripple Forecast and Analysis May 27 — 31, 2019 In favor of the rise of XRP/USD quotes in the current trading week of May 27 — 31, 2019, a test of an uptrend…